Vuzix Corporation · NASDAQ:VUZI
Vuzix — Investor Presentation (July 2013)
34 slides from Vuzix's investor presentation, Jul 30, 2013
Slide 1: Investor Presentation July 2013
Investor Presentation July 2013
Slide 2: Summarized Document – as of July 30, 2013
Summarized Document – as of July 30, 2013 Vuzix Corporation (“Vuzix”, “we”, “our” or the “Company”) filed a registration statement (including a final prospectus) with the SEC for an offering which closed on August 5, 2013. This summarized document is not part of any offering and contains only the no
Slide 3: Cautionary Note Regarding Forward Looking Statements
Cautionary Note Regarding Forward Looking Statements Certain statements included in this presentation may be considered forward-looking. All statements in this presentation that are not historical facts are forward-looking statements. Such statements involve known and unknown risks, uncertainties an
Slide 4: Vuzix Background
Vuzix Background • Founded 1997 - World Wide Operations • One of the World’s Leading supplier of - Wearable display technology • Cornerstone IP and Patent Portfolio - 33 patents and 15 patents pending • Employees - 25 total with 8 engineering staff • Award Winning Technology and Design - Immersive V
Slide 5: Executive Management
Executive Management • Paul J. Travers – Founder and President and Chief Executive Officer; has more than 25 years experience in the consumer electronics field, and 20 years experience in the virtual reality and virtual display fields • Grant Russell – Chief Financial Officer; has over 30 years expe
Slide 6: Mobility is creating Billion Dollar Markets
Mobility is creating Billion Dollar Markets • Gartner Research estimates 714 million smart phones sold in 2014 • ABI Research forecasts the wearable computing device market will grow to 485 million annual device shipments by 2018 - More than 75 million of these will be Smart Glasses • “Smart Glasses
Slide 7: Smart Phones are Growing Beyond Text-Voice-Internet
Smart Phones are Growing Beyond Text-Voice-Internet 7
Slide 8: Augmented Reality applications are expanding across many verticals
Augmented Reality applications are expanding across many verticals Social Retail/Commerce Travel Gaming Location Based E-learning Services And delivering amazing experiences Make smarter Understand what you Find your way there….. Share your experiences….. choices…. are looking at… * Apps displayed a
Slide 9: For Mobility, Gaming and AR – Need a New Device
For Mobility, Gaming and AR – Need a New Device Email – 1972 1983 Text msg – 1992 1990 Internet www – 1995 1980s 2000 Cloud connected apps from AR to gaming 1994 to now 2012 Smart 9Glasses
Slide 10: A Day in the Life of Cloud Connected You…
A Day in the Life of Cloud Connected You… Images: Siddharth Vanchinathan http://sidv.co/author/sid/ 10
Slide 11: Smart Glasses
Smart Glasses • The Solution - Video glasses afford big screens in a compact, wearable package - Wearable interactive displays with private viewing anytime, anywhere - The perfect hands free mobile phone display screen • The Challenges - Make them like regular eyeglasses - Make them HD, smart and se
Slide 12: Vuzix Technology – IP for Smart Glasses
Vuzix Technology – IP for Smart Glasses • Over $35 million invested – Vuzix IR&D and US Government • A strong IP portfolio consisting of more than 33 patents and 15 patents pending with other key technology licenses • Key technical competitive differentiators: - Passive and Dynamic Holographic waveg
Slide 13: Patents and patents pending for Smart Glasses
Patents and patents pending for Smart Glasses Count Thin optics for smart glasses Dynamic and passive waveguides 5 Display engine with optics Dynamic and scanning display engine 8 Smart Glasses and Video Eyewear Design and utility 26 Other Miscellaneous eyewear devices and optics 9 Total 48 This is
Slide 14: Vuzix Proprietary Waveguide Optics
Vuzix Proprietary Waveguide Optics • Waveguides are a revolutionary way of moving light - Image is injected into a 1.4mm thin waveguide like a fiber optic - Not bent through bulk material like conventional optics • Provides a significant improvement in - Mass, cost, volume, simplicity and optical pe
Slide 15: Vuzix Proprietary Scanning Engine Display
Vuzix Proprietary Scanning Engine Display • Scanning display is a revolutionary way to create virtual displays - 1 thin line of LEDS and a MEMs scanner into a waveguide - Instead of three power hungry LEDs that are 100% on, with expensive large area megapixel microdisplays that then need to be magni
Slide 16: Competition – Industrial and Early Adopters Only
Competition – Industrial and Early Adopters Only • Market has been constrained by bulky appearance, poor ergonomics and technical limitations of optics • No company dominates, but Vuzix has always led the field in optics, styling and wearability… Conventional Optics for Video Viewers & Gaming Vuzix
Slide 17: Smart Glasses – M Series for Enterprise/Prosumer
Smart Glasses – M Series for Enterprise/Prosumer • M100 – first of smart glasses line • Winner of CES 2013 Innovations Award • Shipping to developers with commercial production late summer • Smart & powerful computing device • Native Android OS – runs thousands of existing apps • WQVGA display & 108
Slide 18: Competition – Google Glass
Competition – Google Glass • There is a list of differences between Google and Vuzix • The number one, we are focused on enterprise first • Current solutions don’t fit mass consumer expectations M100 Smart Glasses Google Glass 1) Shipping Fall 2013 1) Shipping 2014 2) Enterprise and prosumer centric
Slide 19: SAP / Vuzix Augmented Reality Solutions
SAP / Vuzix Augmented Reality Solutions http://www.youtube.com/watch?v=9Wv9k_ssLcI 19
Slide 20: Vuzix smart glasses run native Android OS
Vuzix smart glasses run native Android OS • Most Enterprise users NEED Open O/S • Works with thousands of existing and unmodified Android apps • Existing Android apps are easily modified for improved performance and functionality 20
Slide 21: Vuzix smart glasses are designed to connect with Bluetooth devices/sensors
Vuzix smart glasses are designed to connect with Bluetooth devices/sensors – Enterprise market centric 21
Slide 22: Vuzix Smart Glasses Standalone or Cloud Connected
Vuzix Smart Glasses Standalone or Cloud Connected Native Apps run on M100 Standalone Enterprise Apps HMD Cloud Apps run on Smartphone Optional, all modes iOS or Android Cooperative Related Apps run on Smartphone and M100 iOS or Android 22
Slide 23: Smart Glasses
Smart Glasses • First binocular fashion-wear smart glasses • Hands-free operation by voice and gesturing • Run apps onboard or on a paired Android or iOS device • qHD displays and 1080p camera • Wireless connectivity with integrated power • True eyeglass styling with electro-tint • Builds on prior s
Slide 24: Industrial See through – M2000 for enterprise
Industrial See through – M2000 for enterprise • First waveguide based solution • Ruggedized for industrial applications • 720p display and 1080p camera • M2000AR – currently HDMI connection • Programmable electronic shutter adjusts for indoor/outdoor use • HDMI version shipping early summer • Will b
Slide 25: Personal Viewing and Gaming Smart Glasses
Personal Viewing and Gaming Smart Glasses • HDMI 3D and streaming WiFi ready • Designed for PC, Console, Smartphone • 720P - highest resolution with largest FOV at 55+ degrees (Front row of theater) • AR & VR Application ready with tracking, audio, microphone, camera • Runs Android OS and apps direc
Slide 26: Starting in 2013 it’s all going Smart Glasses
Starting in 2013 it’s all going Smart Glasses Going From Bulky Football Helmets to Fashionable Glasses Smart Glasses – B Series Smart Glasses – M Series HD Gaming/Viewing 2013 Forward A Step Change in Technology 2000 – 2012 Bulky Legacy Solutions 26
Slide 27: Growing Smart Glasses Development Partners
Growing Smart Glasses Development Partners • Many thousands of existing developers – AR, VR and Smart Glasses • Online developer portal and support • Smart Glasses SDK – $1k with annual fees • Fully open so enterprise users can customize to their needs 27
Slide 28: Global Technology and Channel Partners
Global Technology and Channel Partners Technology Channel 28
Slide 29: Current Line of Video Eyewear
Current Line of Video Eyewear • Wide Screen Video Glasses - 52 & 75 inch virtual screens • Virtual Reality Glasses - Includes head tracker • Limited by technology to standard definition CE Industry Award-Winning Products Last 9 Years 29
Slide 30: Current Line of Augmented Reality Glasses
Current Line of Augmented Reality Glasses • Wrap1200AR – all digital see through, stereo cameras • STAR 1200 series – optical see-through HD camera • Mainly research and commercial users Digital See Through Optical See Through AR at a Construction Site 30
Slide 31: Vuzix Products in Action
Vuzix Products in Action Industry, Education, Gaming, VR and AR, Medical and More 31
Slide 32: Going to Market Globally
Going to Market Globally • US – Direct and major national distributors • EMEA – Distributors in 30+ countries • Web store with fulfillment and warehouses in US, UK, EU, and Japan • Apple.com in over 22 countries (JP and EU) • Exploring new market sectors and geographic licensing 32
Slide 33: Vuzix Investment Highlights
Vuzix Investment Highlights • Acknowledged as one the world leaders in Smart Glasses, established over the last 20 years, and at the front end of market opportunities in the billions of dollars • A clear vision of the important role that mobile displays will play in the future • Strong R&D plan to c
Slide 34: Thank You
Wwww.vuzix.com VU ZIX View the Future Thank You